Introduction

This chapter introduces the terminology used in this book with a specific focus on the financial system. For this, four different perspectives, namely an institutional, an intermediation, a functional, and a systemic perspective, are distinguished. Based on this, the chapter gives an overview of the structure of the book, which is based on the Vaduz Architecture, a concept based on the three elements information technology, nation states, and regulation and how they impact the financial system 2030.